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20100901
20100930
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PBS
Sep 28, 2010 7:00pm PDT
surging in july, demand from the u.s. has plummeted a whopping 90%. the firm says it's now under pressure to cut prices. >> translator: some customers say they'll ask for price cuts until the dollar strengthens to a 100-yen level. some already cancelled orders. on average, they ask for a 20% to 25% discount, but the best we can offer is 5%. >> reporter: the company has slashed profit margins in order to offer cheaper products and offset the yen's strength. it has also started accepting more small orders to boost output. in some cases they've even taken orders for one or two pieces. towa's management is increasingly worried. >> translator: if the strong yen continues and affects manufacturers like us, even big competitors may start taking small domestic orders. i'm afraid we might all end up losing in a price war. >> reporter: the soaring yen isn't the only concern for these businesses. subsidies for fuel-efficient vehicles helped boost sales this month. but when they end in september, demand will likely drop. carmakers are already expecting to cut production by around 20% in october. also
PBS
Sep 27, 2010 7:00pm PDT
, he used the name pak un and it is said he identified himself as the son of the north korean ambassador to switzerland. one of his former classmates says he was polite and quick to learn the german language. kim jong-un apparently enjoyed playing basketball and dreamed of becoming a professional player. kim jong-un is said to have returned to pyongyang around 2000, and to have attended university in the north korean capital. no information has been available on his whereabouts since that time. there is speculation that kim jong-il has chosen jong-un to succeed him due to his son's leadership abilities and strong-mindedness. china's special envoy to the six-party talks, wu dawei heard that kim jong-un is tall like his grandfather, kim il-song, who established communist rule in north korea. >> the conference that begins on tuesday, the first of its kind in 44 years, is expected to elect the party's supreme leadership. more than half the members of the party's central committee are said to have died or been purged without being replaced and it is believed not to function well. t
Search Results 0 to 1 of about 2